The table above gives data for the nation of Syldavia. The capital and financial account has a

A) balance of $380 billion.
B) $40 billion deficit.
C) $50 billion deficit.
D) $30 billion deficit.
E) $40 billion surplus.

E

Economics

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Assume monetary equilibrium exists; that is, the desired and actual supply of money are equal. Also assume that nominal GDP equals $960 billion and the money supply is $160 billion. From a strict monetarist view, an increase in the money supply by $12 billion will increase nominal GDP by:

A. $13 billion B. $24 billion C. $72 billion D. $80 billion

Economics